Sri1971
05 October 2011 at 09:13
I have opened a HR consultancy business for providing man power services to companies in UAE.
I came to know that, I need to get licence for my company for doing the man power supply and other HR services to UAE companies.
Request you to please let me know the relevant government offices names, address in Andhra Pradesh & email ids also if possible so that I can apply for license.
Regards.
Bhushan K
03 October 2011 at 17:50
Hi,
The mutual fund companies in India signs non exclusive distribution agreement with various Banks and other entities for distribution of their products. They mention in the agreement that the arrangement is Principal to Principal basis.
The Distributors act as the agent of the customer.
My query is whether such distributors can be construed as agents of such Mutual Fund by their act even if the relationship is clearly described in agreement?
Thanks
Anonymous
03 October 2011 at 15:56
Is it possible and practically work out if a General Manager (Head of the operations but, just an employee) of the company file a case against the Foreign Director (Investor from USA) of the company(it is a foreign director's company in SEZ) if the Director stops funding for the company's working capital, not paying the salaries of workers and staff including the GM for 4 months and not visiting the company for 3 months and not meeting the vendors for payment of their HUGE dues, not replying to their emails and not telling anybody whether he will pay or not, whether he will run the company or not.
The company is under shut down status since August 1st 2011, due to non-availability of funds and inability to pay for electricity bill also.
Since the Investor cum Director has left the company just like that to its fate and natural death and staying in his own country USA, please advise whether the GM alone or all employees together can file a case against the Director of the company who is an American national and now living in USA and not coming to India. The Director's confidence is that Indian law cannot reach him in USA and punish him, is it true? Please thorough study and advice.
Thank you.
Rajat sahotra
03 October 2011 at 15:25
Dear experts,
Whether advocates office is a commercial activity office for the purpose of charging electricity bills on commercial rates by the Electricity department for electricity consumption.
any citations please.
Anonymous
03 October 2011 at 07:58
Dear sir,
I am a freelance IT trainer. I do get telephone calls as well as emails regarding training requirement. I do finish my training assignment, but when it comes payment they delay the payment. I want some Rules and Conditions so that i can get the payment in time or i can charge penalty for late payment. As i am a freelance trainer, i dont have any information about this. Please kindly provide legal help to me, so that my family will not sufer because of late or less payment.
Wish you happy Dasherra!
Thanks in Advance
Deepak Vanjare
02 October 2011 at 11:54
Bank had sanctioned Bank guarantee of Rs 26.65 Lacs to sme by keeping margin of Rs 6.65 lacs in fixed deposit under cgtmse.The BG was invoked & Bank paid all the amount to beneficiary after recovery of margin money.For the balance amount Rs 20 lacs bank has issued recovery notice. Thr Sme unit has existing working finance secure under a collateral security. Can bank recover the dues by issuing notice under sarfesi act against assets which were not linked for the facility under cgtmse where no collateral or third party guarantee has been given.What is the recourse available for the sme in this case.
Anonymous
01 October 2011 at 14:54
Whether it is a mandatory obligiation of the Life Insurance Corporation to send advance Premium due Notice/Intimation to the Policy-holders before the premium payment date ? If so, kindly indicate the relevant provision thereof.
Also, any decided case-law on this issue please be provided.
Shubhangi Patil
30 September 2011 at 06:40
A chairman of the listed company receives a notice from SEBI to appear for hearing. On receiving the notice the chairman immediately appoints his family solicitor to appear with him for the hearing.
The directors of the listed company have objected to both the chairman's upfront arrangement with his family solicitor and the chairman providing to lawyer the company documents for the purpose of the hearing.
In the given case,
1. Whether the objection of the directors is valid?
2. In the given circumstances will the lawyer able to obtain his retainer fees from the company?
3. Whether the chairman is at risk of potential liability for providing company documents to the lawyer?
Anonymous
30 September 2011 at 06:21
Whether a NBFC is required to have some trade lincence or some permission from the State Governemnts for running its operations even after getting due permission from RBI and for equity matters from SEBI.
Are there any local laws which are to be mandatorily complied with by such company while establishing its branch offices in different states.
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Corporate joint account
WHT AE THE PRECONDITIONS FOR OPENING OF A CORPORATE JOINT ACCOUNT & WHO CAN BE THE JOINT SIGNATORIES. A PARTICULAR FUND IN FOREIGN CURRENCY IS TRANSFERRED TO THE ACCOUNT OF AN INDIVIDUAL & WHILE PERMITTING TO RECIEVE THE SAID FUND, NOW MINISTRY OF HOME AFFAIRS HAS ASKED THAT INDIVIDUAL(MY CLIENT) TO OPEN A CORPORATE JOINT ACCOUNT FOR TRANSFER OF THE FUND TO THAT, JOINT ACCOUNT FOR THE SAKE OF THE SAFETY OF MY CLIENT. BUT HE HAS NO COMPANY IN HIS NAME, INCORPORATION OF A COMPANY WILL TAKE SUFFICIENT TIME. AT MY LEVEL I CAN LAWFULLY ASSIST MY CLIENT TO REGISTER AN AMENDMENT DEED OF AN ALREADY REGISTERED TRUST DEED, WHERE HE IS THE SETTLER CUM FOUNDING PRESIDENT, WHETHER MY ADVICE WOULD BE PROPER OR WHAT OTHER ADVICE CAN BE GIVEN TO MY CLIENT FOR UTILIZATION OF THAT FUND FOR PUBLIC PURPOSE LIKE OPENING UP OF AN OLDAGE HOMEOR ORPHANAGE ETC.